Unwrought Magnesium, Magnesium Containing <99,8% by Weight
Código 810419 (Harmonized System 2012 by 6 digits)
2023: US$50.6M, Total Trade Exchange
2023: US$2.81M, International Sales
2023: US$47.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Unwrought Magnesium, Magnesium Containing <99,8% by Weight was US$50.6M.
The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$7.75M).
The main commercial origins of Unwrought Magnesium, Magnesium Containing <99,8% by Weight in 2023 were China (US$7.67M), Czech Republic (US$58.7k), and Italy (US$21.7k).
In the global context, the main exporting countries of Unwrought Magnesium, Magnesium Containing <99,8% by Weight in 2022 were China (US$628M), Czech Republic (US$118M), and Israel (US$64.3M). In the same year, the main importing countries of Unwrought Magnesium, Magnesium Containing <99,8% by Weight were United States (US$336M), Canada (US$186M), and Romania (US$73M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$50.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Unwrought Magnesium, Magnesium Containing <99,8% by Weight in Mexico (including international purchases and sales) was US$50.6M.
The visualizations show the net balance of Unwrought Magnesium, Magnesium Containing <99,8% by Weight at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
Net International Trade
#permalink to sectionJuly, 2024: US$3.41M, International Purchases
In July 2024, international sales of Unwrought Magnesium, Magnesium Containing <99,8% by Weight were US$0, while international purchases reached US$3.41M. The above results in a trade balance of -US$3.41M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCoahuila de Zaragoza: US$7.75M, State with the Most International Purchases (2023)
China: US$7.67M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Unwrought Magnesium, Magnesium Containing <99,8% by Weight were Coahuila de Zaragoza (US$7.75M).
The countries with the most international sales to Mexico in 2023 were China (US$7.67M), Czech Republic (US$58.7k), and Italy (US$21.7k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Unwrought Magnesium, Magnesium Containing <99,8% by Weight and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Unwrought Magnesium, Magnesium Containing <99,8% by Weight. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.13%, Mexican share in global exports - 2022
- 1.68%, Mexican share in global imports - 2022
The visualizations show the global market for Unwrought Magnesium, Magnesium Containing <99,8% by Weight. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Unwrought Magnesium, Magnesium Containing <99,8% by Weight were China (US$628M), Czech Republic (US$118M), and Israel (US$64.3M). In the same year, the main importing countries for Unwrought Magnesium, Magnesium Containing <99,8% by Weight were United States (US$336M), Canada (US$186M), and Romania (US$73M).